Mullen Automotive Stock Performance
| MULN Stock | USD 2.93 0.27 8.44% |
The company secures a Beta (Market Risk) of -1.03, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Mullen Automotive are expected to decrease slowly. On the other hand, during market turmoil, Mullen Automotive is expected to outperform it slightly. At this point, Mullen Automotive has a negative expected return of -2.7%. Please make sure to verify Mullen Automotive's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Mullen Automotive performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mullen Automotive has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's essential indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 3.41 | Five Day Return 15.21 | Year To Date Return (99.76) | Ten Year Return (100.00) | All Time Return (100.00) |
Last Split Factor 1:100 | Dividend Date 2017-10-05 | Last Split Date 2024-09-17 |
1 | Disposition of 23223 shares by Calin Popa of Mullen Automotive at 3.1 subject to Rule 16b-3 | 09/12/2024 |
2 | BOLLINGER MOTORS ANNOUNCES PRICING FOR THE 2025 BOLLINGER B4 COMMERCIAL ELECTRIC TRUCK | 09/18/2024 |
3 | Mullen Announces Pap Trucks 3.2M Vehicle Purchase with Immediate Delivery and Revenue Recognition of 50 Class 1 and Class 3 Vehicles | 09/26/2024 |
4 | Short Interest in Mullen Automotive, Inc. Increases By 271.5 | 10/11/2024 |
5 | Mullen Automotive Announces Robert Bollinger Provides Bollinger Motors 10M Financing | 10/28/2024 |
6 | Notice of Proposed Derivative Settlement Mullen Automotive Inc. | 10/31/2024 |
7 | Mullen Subsidiary, Bollinger Motors, Announces Its Approval by New York State for up to 100,000 Cash Voucher Incentive NYTVIP Program on the All-Electric B4 Tru... | 11/07/2024 |
8 | Mullen Automotive Stock Price Up 3.9 percent Should You Buy | 11/11/2024 |
9 | Mullen Automotive Trading Down 7 percent Whats Next | 11/15/2024 |
10 | California Issues HVIP Approval, Granting Mullens Subsidiary Bollinger Motors, Class 4 EV ... | 11/18/2024 |
11 | Whats Going On With Mullen Automotive Stock Monday | 11/19/2024 |
12 | Mullen Lands Big Wins With California Universities Details | 11/20/2024 |
13 | Mullen Automotive Gears Up For US-Made Battery Production Details | 11/21/2024 |
14 | Mullen pushes back start of Fullerton battery factory operations | 11/22/2024 |
| Begin Period Cash Flow | 84.4 M |
Mullen |
Mullen Automotive Relative Risk vs. Return Landscape
If you would invest 3,000 in Mullen Automotive on August 27, 2024 and sell it today you would lose (2,707) from holding Mullen Automotive or give up 90.23% of portfolio value over 90 days. Mullen Automotive is currently does not generate positive expected returns and assumes 14.2736% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Mullen, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Mullen Automotive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mullen Automotive's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mullen Automotive, and traders can use it to determine the average amount a Mullen Automotive's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1891
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| Negative Returns | MULN |
Estimated Market Risk
| 14.27 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.7 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mullen Automotive is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mullen Automotive by adding Mullen Automotive to a well-diversified portfolio.
Mullen Automotive Fundamentals Growth
Mullen Stock prices reflect investors' perceptions of the future prospects and financial health of Mullen Automotive, and Mullen Automotive fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mullen Stock performance.
| Return On Equity | -2.6 | ||||
| Return On Asset | -0.48 | ||||
| Operating Margin | (946.44) % | ||||
| Current Valuation | 39.61 M | ||||
| Shares Outstanding | 8.83 M | ||||
| Price To Book | 0.74 X | ||||
| Price To Sales | 165.17 X | ||||
| Revenue | 366 K | ||||
| Gross Profit | (392.68 K) | ||||
| EBITDA | (490.03 M) | ||||
| Net Income | (1.01 B) | ||||
| Cash And Equivalents | 60.93 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 13.16 M | ||||
| Debt To Equity | 0.57 % | ||||
| Current Ratio | 1.08 X | ||||
| Book Value Per Share | 217.55 X | ||||
| Cash Flow From Operations | (179.17 M) | ||||
| Earnings Per Share | 273,024 X | ||||
| Market Capitalization | 25.86 M | ||||
| Total Asset | 421.71 M | ||||
| Retained Earnings | (1.86 B) | ||||
| Working Capital | 58.52 M | ||||
About Mullen Automotive Performance
By examining Mullen Automotive's fundamental ratios, stakeholders can obtain critical insights into Mullen Automotive's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mullen Automotive is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 20.2 K | 21.2 K | |
| Return On Tangible Assets | (0.48) | (0.50) | |
| Return On Capital Employed | (0.30) | (0.31) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.57) | (0.59) |
Things to note about Mullen Automotive performance evaluation
Checking the ongoing alerts about Mullen Automotive for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mullen Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mullen Automotive generated a negative expected return over the last 90 days | |
| Mullen Automotive has high historical volatility and very poor performance | |
| Mullen Automotive has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 366 K. Net Loss for the year was (1.01 B) with loss before overhead, payroll, taxes, and interest of (392.68 K). | |
| Mullen Automotive currently holds about 60.93 M in cash with (179.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Mullen Automotive has a frail financial position based on the latest SEC disclosures | |
| Latest headline from bizjournals.com: Mullen pushes back start of Fullerton battery factory operations |
- Analyzing Mullen Automotive's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mullen Automotive's stock is overvalued or undervalued compared to its peers.
- Examining Mullen Automotive's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mullen Automotive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mullen Automotive's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mullen Automotive's stock. These opinions can provide insight into Mullen Automotive's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mullen Automotive. If investors know Mullen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 273 K | Revenue Per Share 2.51 | Quarterly Revenue Growth (0.79) | Return On Assets (0.48) | Return On Equity (2.60) |
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.